Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.
Mount Vernon is a city in southern Indiana along the Ohio River and the county seat of Posey County. It is located in Black Township. As of the 2000 census, the city's population was 7,478. It is part of the Evansville, Indiana metropolitan area, which had a 2000 population of 342,815.